The new Jaguar E-Pace has set an official Guinness World Record during its world premiere in London. The compact performance SUV leapt into the record books with a 15.3-meter jump complete with a 270-degree corkscrew-like “barrel roll.”
Demonstrating the agility, precision and performance of Jaguar’s newest SUV, the feat was the final test for the E-Pace after 25 grueling months of work across four continents to ensure extreme durability.
The Jaguar E-Pace is a five-seat, compact SUV that, according to the manufacturer, packs the design and performance of a Jaguar sports car into a spacious, practical and connected all-wheel-drive vehicle. The E-Pace is the newest member of Jaguar’s SUV family, joining the all-electric I-Pace Concept and the 2017 World Car of the Year, the Jaguar F-PACE — itself launched with a spectacular a record loop-the-loop in 2015.
Ian Callum, director of design at Jaguar, said: “Established Jaguar design principles ensure the E-Pace is immediately recognizable as the sports car of its class. Our new compact SUV combines the interior space, connectivity and security that families expect with the kind of proportions, purity of design and performance not usually associated with such a practical vehicle.”
Jaguar E-Pace leaps into record books on its launch in London
Jaguar E-Pace leaps into record books on its launch in London
Price cuts drive sales of Saudi-owned electric car
- Lucid delivers more vehicles than expected as it prepares to launch luxury new Gravity SUV
RIYADH: The majority Saudi-owned electric car maker Lucid delivered more vehicles than expected in the past three months as price cuts helped boost demand.
The company delivered 2,394 cars from April to June 30, above analysts’ predictions of 1,940.
Lucid produced 3,838 vehicles in the first six months of 2024 and needs to make more than 5,162 cars by end of the year to meet its annual output forecast of 9,000. It made 8,428 cars in 2023.
“I think at this point everything is shaping for them to achieve that,” said Andres Sheppard, senior equity analyst at Cantor Fitzgerald. Lucid will produce and deliver more cars in the second half of the year because of the usual seasonal effects on the industry, he said.
Demand for electric vehicles has grown more slowly than expected pace in the past year, under pressure from high borrowing costs, economic uncertainties and consumer preference for hybrid alternatives.
Lucid and the market leader Tesla have responded by slashing prices and offering incentives such as cheaper financing options. Lucid, which is 60-per-cent owned by the Public Investment Fund, the Kingdom’s sovereign wealth fund, cut the price of its flagship Air model by 10 percent in February.
Its new Gravity SUV model, a rival for Tesla's Model X, goes into production this year and will cost about $80,000.
